Enjoying The Present???

Feel like eating again!

Just go to JB even though he knows very well that during weekends; it will be very crowded. Lots of time will be wasted in queuing and waiting.

Ya! Enjoying the present since we have plenty of time to waste nowadays.

Even ta bao fishcakes from another shop; but eat them at the fish soup resturant. :-)
 

 

Create Sustainable Retirement Income For Life - The Final Countdown!

Uncle8888 knows too well that he can't replace his earned income with passive income. No way! But, it is still possible for him to adequately cover his expected household expenses and also to overcome future inflationary impact till 2038 (81 yrs old).


Based on Historical Annual Household Expenses of 5 Members since 2002 ...

The funding for sustainable retirement income for life ....

Getting to the desirable state with three taps solution ...

Uncle8888 still have one year to get it done. No hurry as 5.8% yield is not that difficult to achieve.


Tap 1 : Interests

Tap 2 (Safety) : Interests 

Tap 3: Dividend Income from Investment Portfolio of stocks from SGX. War Chest @ 54%

"Early" Retirement???

Yesterday was Friday again!

Following TGIF lunch break, Uncle8888 met his ex-colleague who went for "early" retirement in his late 40s due to poor health condition. 

He is taking a break to see whether his irregular heartbeat is due to work-related stress or not. He then realized that not working is boring but working is stressful! 

With his heart problem, he said he can't really do much with his lots of spare time.

To do or Not to do also die!

He repeated a few times during lunch.  Health is Wealth!


BTW, he sold his investment property and 5 Rm HDB flat in Bishan and bought one condo for residential before deciding for an "early" retirement or taking a break.


Many financial and investment bloggers are talking about early retirement in their late 30s and 40s; but, not sure how many of them are truly prepared to take out the boredom of their unscheduled time?

How boring 'secret' to being rich (3)

Read? How boring 'secret' to being rich (2)

For employees in corporation, how do we know we are over the high point of our career?

In our 40s, we just need to count the number of younger peers or ex-juniors overtaking us in climbing the corporate ladder. 

1, 2, 3...

How many count do we need to continue in this self-denial mode when we reach mid 40 or late 40s that we are not over the high point?

 

Oct 2015 has ended Today. So does STI History Lie to you???

Read? High Chance Of STI Bottom in Oct 2015 and Rebound. Who says? History said it may happen!


Don't laugh first!


6 out of 11 STI past Bear Market rebounded either in the month of Sep or Oct!

That is 55% accuracy!

So it is up to you accept it or not whether STI History has lied to you!

OSIM 9M: OMG! Daily share buy back by OSIM

36% of today volume was buy back by OSIM @ $4.6M

Can OSIM kill the Bears with its balance sheet?
 

Summary of Sembcorp’s 9M2015 Financial Results

Turnover at S$7.1 billion, down 13%

Profit from Operations at S$825.3 million, down 10%

Net Profit at S$488.1 million, down 13%

EPS at 26.3 cents

ROE (annualised) at 11.1%

*Profit from Operations = Earnings before Interest and Tax + Share of Associates and JVs’ results (net of tax).

OSIM : 9M OMG!!!

The last three quarter result: OMG and players change hand!

OSIM 9M

How boring 'secret' to being rich (2)

Read? How boring 'secret' to being rich



At yesterday lunch, this young FT who turned Citizen came to join me. We conversed in Chinese about career and investing. This is Uncle8888 first time talking about investing in native Chinese language. Ha Ha!

He realized the nice thing with Chinese words. It sounds alike and true too!

In our 40s, we should better be wise enough to know where are we heading in our career development and which path to take before we realize it too late to make adjustment for significant future outcome ...

  

Touchstone or Sardine? (2)

 Read? Touchstone or Sardine? (About time to do a refresh)

No! We can't really find Touchstone. We can only try to recognize them when they are appearing like one.

At 4.2% yield, Uncle8888 is quite happy to wait and see whether he has found the next Touchstone?

Tomorrow Q3 result.

NEA, Hyflux-Mitsubishi consortium sign waste-to-energy services deal

THE National Environment Agency (NEA) on Monday signed a waste-to-energy services agreement with a consortium comprising Hyflux and Mitsubishi Heavy Industries (MHI). 

The consortium, through its project company, TuasOne Pte Ltd, will build Singapore's sixth waste-to-energy (WTE) plant and will provide waste-to-energy services to NEA over a 25-year period from 2019 to 2044.

Hyflux owns a 75 per cent stake in TuasOne while MHI owns the remaining 25 per cent.

The plant will be Singapore's largest. It will have a capacity to incinerate 3,600 tonnes of waste and generate 120MW of electricity per day. It will also be the most land-efficient, sitting on 4.8 hectares of land. 

Construction work is expected to start in early 2016 and end in 2019.

STI vs. DOW

Will the Red Camp play catch up?

Quite a climb to do it!

Earned Income From Human Asset vs. Create Wealth From the stock market (SGX)

Read? The most important chart in CW8888's blog to remember on Wealth Formula!!! (2)

 

“When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we do not see the one which has opened for us.” - Alexander Graham Bell

CW8888:

Let see when this door closes on Sep 2016, the other door that was opened since Jan 2000 will lead to where?

How I Grew My Passive Income in 2014 to 89% in Just One Year!!!

The FACT:

In 2014, Uncle8888's passive income was 64 cts.

In 2015, his expected passive income will be $1.21. It is at LEAST 89% growth in passive income!


How often do we read sexy Bikini blog posts like the above?


The three critical points are well covered up!











The TRUTH behind the Bikini blog post!


Invested capital grew by 126% while passive income grew by 89%.

Get the poke over passive income?



 

Short-Term Trading vs. Long-Term Investing???

Somehow we will get some damn right, some damn bloody wrong, and some for fast food on the table!

How each of us as investors and traders see them in our own way will differentiate our long run investment performance result?



Poor short-term performance in Fading Bull/Early Bear but reasonable long-term performance over several market cycles of Bull and Bear.

Track closely, measure it so that we may develop more confidence with our investing strategies over what can be expected over several market cycles.

 

After A Few Market Cycles ... Did More Veterans Learnt Something??? (2)

Read? After A Few Market Cycles ... Did More Veterans Learnt Something???

One Year Performance on new investment (stocks) since Oct 2015:

XIRR (Total Shareholder Return) since Oct 2014 is -9.5%

Not easy. Right?
 

Passive Income From Dividends and Interests. Shake leg and collect money! (2)

 Read? Passive Income From Dividends and Interests. Shake leg and collect money!

Uncle CW,

When u officially FIRe, will u change anything to your portfolio or was it already changed some years back? Please let me know 


CW8888:

Mr Kiasu and Kiasu Approach: Three Taps Solution for Sustainable Retirement Income For Life and not too dependent on crazy Mr. Market for emotional rides. When we are not too dependent on it; we are likely to be less emotionally affected. 



Most likely Uncle8888 will take this approach and move towards this target to offset inflationary impact over future years.

Bo pian! As Ant, we will have plan and goal to guide our future actions!


 

Funding Your Child’s University in the Future? (5)

Read? Funding Your Child’s University in the Future? (4)

Read? More money probably won't make us significantly happier???


Uncle8888's Uni fund for his third child in May 2016 and the budget for 4 yrs Uni course at STUD. It is about $100K.

Life Cycle - Some Dreams And Lots Of Regrets (2) - Count down to 60 in Sep 2016

This blog post on Saturday, 17 October 2009

Read? Life Cycle - Some Dreams And Lots Of Regrets

When we reach 60's, we usually will have nothing much to say because the time has arrived and only be thinking what if we could have dream differently at 30's, or 40's and pursue our dream and will our life story at the 60's be different.

If you are at your 30's and 40's and there is still time to fulfill your dreams and don't drop them yet.

My dream at 40's after tired of watching the Rat Race is to "Get Out of The Rat Race!". I will tell you again at the 60's.

Read? FIRE!!!

Today, 24 Oct 2015, after 6 years and counting down to 60 @ Sep 2016. Here is an update to the blog post on  Saturday, 17 October 2009

 

Uncle8888 has already informed his bosses and his Team (He is the Team Lead and Operations Manager) about his planned retirement @ 60 upon reaching the status of Senior Citizen and after receiving 40 Years Long Service Award i.e. spending 67% of his life before 60 as an employee earning taxable income.

 

FIRE is not without sacrifices or letting go the wealth accumulation from our human asset. After FIRE, we will be in the Land of Decumulation of Wealth in Human Asset and depending on our Financial Assets to maintain sustainable Retirement Income For Life. We cannot afford to make any major financial blunders as it is very hard to turn back.

Uncle8888 tracks everything so knows what have been let go after FIRE @ 60 and into the Land Of Decumulation!

(Current official retirement age is 62 and re-employment till 65.)

 

 

Exploring Taiwan for Round 2 - Cingjing, Sun Moon Lae, Xitou, Taichung and Taipei

Read? Who is singing so loud and happily at Yang Ming Shan, Taipei?

 Agoda.com

• Additional 7% off hotels in all other destinations for UOB Platinum Cards and above

Booking Period: Till 31 Dec 2015
Stay Period: Till 31 Mar 2016


Taking the advantage of this 7% discount off hotels by UOB.

Uncle8888 as Ant has booked hotels for his Exploring Taiwan Round 2 and will be staying two nights Up Mountain.

He will also be doing his own fireworks display at the Mountain. 

Looking forward to do it!

When He Sees It Everyday ... Somehow He understood it and became Less Sensitive. It is like That!!!

Kep Corp: THIRD QUARTER & NINE MONTHS 2015 REPORT CARD

1. 3Q 2015 Net Profit down 12% to S$363 million, compared to 3Q 2014's S$414 million.
 
2. 9M 2015 Net Profit down 3% to S$1,120 million, compared to 9M 2014's S$1,159 million.

3. Earnings per Share was 61.7 cents, down 3% from 9M 2014's 63.9 cents.

4. Annualised Return on Equity of 13.6%.

5. 9M 2015 Economic Value Added decreased to S$456 million from S$1,032 million YoY.

6. Cash outflow of S$784 million.

7. Net gearing was 0.52x.